292 7Th St #2, Jc, Downtown, NJ 07302

Description

Investor special – cash only. Property is not financeable due to no active condo association or master insurance. Water is shut off because of a basement leak; Units 2 have water damage behind walls, boilers are inoperable, and prior inadequate heat caused frozen pipes in Unit 2 resulting in repeated damage to the laundromat ceiling below. Active basement water intrusion from a deteriorating structural wall requiring full rebuild and reinforcement. Roof issues include a caving chimney and improperly connected gutters/downspouts. Prior renovations were completed without permits. HOA must be re-established and master insurance secured. Real estate taxes are past due. Sold s...